Compound interest

Financial wellbeing challenge: Compound interest: friend or foe?

If you’re a saver, compound interest is your friend, steadily boosting your savings over time. However, if you’re in debt, it is a formidable foe that can have a significant negative impact on your financial well-being. We take a look at how compound interest escalates debt.   Compound interest: savings booster or debt escalator We’ve…

Savings. Financial Planning

Financial planning challenge: how to get into a savings habit and why it’s important

The only way to build wealth over the long term is to prioritise saving. We explain why and how you should prioritise saving.   Why prioritise saving? ‘Do not save what is left after spending but spend what is left after saving’   These oft-quoted wise words come from none other than investor extraordinaire, Warren…

20-money-saving-ideas-for-2023

Financial planning challenge: how to budget to achieve financial wellbeing

Budgeting is just as important for households as it is for businesses, yet many households fail to get a grasp on their income and expenditure. If that resonates with you, here’s a step-by-step guide to establishing a budget, which will bring you another step closer to financial wellbeing.   Why do I need to budget?…

assetts and liabilities

Financial Wellbeing Challenge: How much are you worth and why is it important?  

In 2024 we’re running a challenge to improve your financial wellbeing. We’ve put together a 12-point plan to get your finances in order. Each month we will take one point of the plan and show how you can take positive action steps to help you gain financial stability and peace of mind. January’s challenge is…

Merry Christmas

All I want for Christmas is….financial security! Here’s how to get it.

Who doesn’t want financial security? It would be the perfect Christmas present. Unfortunately, it’s not something that Santa can deliver, but join our challenge and give yourself the gift of financial security in 2024.   Financial security: the most perfect Christmas gift As we come to the end of what has been a tough financial…